Subject:
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My unfairness vs. profiteering dilemma
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 2 Sep 1999 12:33:02 GMT
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Viewed:
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434 times
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I suspect I upset some people with the way I handled the sale of the
glued-together 7725 I found. Although I have not seen direct flameage, there
has been some innuendo on recent 'what is an auction' threads. So, I apologise
if I caused offence, but would like advice on the dilemma I was in.
Basically, I got a bargain, and wanted to share some of my good fortune with
the LUGNET community, but obviously only one person (the ultimate buyer)
benefits directly from this generosity. The "first offer at this fixed price"
method discriminates against those who don't check LUGNET as frequently or
happen to be in the wrong time-zone (ie. asleep) at the time of the posting.
On the other hand I did not want to be so ruthless as to auction this for "as
much as I can get". This seemed particularly relevant becuase of the condition
of the set - glued together, damaged, missing some removable parts - in fact
IMHO not really Lego, just a solid train set that is very compatible with other
Lego sets.
To avoid accusations of unfairness, an auction of some kind (including single
sealed bid) seems the best method, but this encourages the "maximum profit"
ethic, accusations of profiteering and potentially inflates the value of such
items.
Is there alternative, or did I just misjudge the value? I obviously did set
it too low, becase I got more than one response. Had I set the fixed price
higher would this method have been more acceptable?
Chris
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Message has 3 Replies:
 | | Re: My unfairness vs. profiteering dilemma
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| (...) Some alternatives: - Let a third-party auction the set on your behalf (for some pre-agreed upon commission, either fixed or a percentage). Let them worry about all the details of the auction and take all the flak, if any. - Sell the set (...) (25 years ago, 2-Sep-99, to lugnet.market.theory)
| | | Re: My unfairness vs. profiteering dilemma
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| Todd posted some good ideas but what you did was fine too. I've spoken out in the past about various types of auctions being "better" for the seller or for the buyer or the community but in the final analysis it's your stuff, you can sell it off as (...) (25 years ago, 2-Sep-99, to lugnet.market.theory)
| | | Re: My unfairness vs. profiteering dilemma
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| (...) If you're not into profiteering then you can make it a fixed price sale, but make the tie-breaker a priceless thing like a poetry competition :) I ran one before on Lugnet - and they are good fun. Although I can't begin to think of what (...) (25 years ago, 2-Sep-99, to lugnet.market.theory)
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